Binance Technical Analysis: $CTXC
/USDT 🚀
The CTXC/USDT pair is showing strong upward momentum, with a 9.67% increase in the last 4 hours. Let's break down the key levels to watch for in the short-term:
Key Levels to Watch:
1. Target 1: $0.3800
The first key resistance level sits at $0.3800. A breakthrough above this could signal a further uptrend, with more bullish potential in the coming hours.
2. Target 2: $0.3638
The 24h high at $0.3638 has already been tested. Holding this level could indicate continued consolidation before any breakout towards higher targets.
3. Target 3: $0.3400
A support level around $0.3400. If the price starts to retrace, this zone could act as a cushion before the price attempts to rebound.
Momentum Overview:
With the CTXC/USDT price surging by 20.40%, it's critical to watch these targets closely. The market remains bullish, but as always, proceed with caution and stay updated on further developments.
Happy trading, Binance community!